According to Syngene International's latest financial reports and stock price the company's current Operating Margin is 19.96%. At the end of 2023 the company had an Operating Margin of 18.59%.
Year | Operating Margin | Change |
---|---|---|
2023 | 18.59% | -3.79% |
2022 | 19.32% | -13.96% |
2021 | 22.46% | -18.33% |
2020 | 27.50% | 13.57% |
2019 | 24.21% | -13.91% |
2018 | 28.12% | -5.08% |
2017 | 29.63% | 24.57% |
2016 | 23.78% | -1.51% |
2015 | 24.15% | 5.95% |
2014 | 22.79% | 15.67% |
2013 | 19.70% | 9.21% |
2012 | 18.04% | 107.31% |
2011 | 8.70% | -33.62% |
2010 | 13.11% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.